🛣️Roadmap

We (the team) are committed to successfully building the Flame Protocol and are working hard to develop and implement features that make every Sui user's DeFi adventure perfect. We are constantly developing and experimenting with new technologies (high throughput, low latency) to make the platform faster, more cost-effective and user-friendly.

Beyond the technical aspects, we are also focused on building a strong and engaged community around the Flame Protocol. We govern and maintain transparent and open communication with the community to ensure that user feedback and suggestions are heard and implemented.

1.FLAME Testnet v1.0

The Flame Protocol's testnet release is an important step in the development process, as it allows the team to ensure that the platform is stable and secure. First, we will be live and ready to launch on the Sui testnet. The POT mechanism has been implemented along with the operation of the test network. It also offers users the opportunity to try out the platform and provide feedback before going live.

POT Details:

🥇pageFLame Protocol Points(POT)

2.Flame Protocol Token Airdrop

Users can get Flame Points through interaction, and Fire Points can be converted into Flame Protocol tokens airdrop.

3.FLAME Protocol Token Presale

Flame Protocol's Token PreSale event allows early purchase of $Flame tokens prior to the official Flame Protocol launch. Presales are usually held before tokens are listed, allowing early investors to purchase tokens at a discount.

4.Manage Securities (KYC/Audit, Review)

Flame Protocol is committed to ensuring the safety and security of its users by implementing various measures, such as know-your-customer (KYC) compliance procedures, regular security audits, and open source code reviews, and will implement a KYC process to establish the identity of the team. At the same time, the team will conduct a comprehensive security audit to identify and correct any potential vulnerabilities in the platform code. Additionally, by open sourcing the code, the community will be able to conduct independent scrutiny, providing transparency and increasing trust in the platform. These measures have been implemented to provide a more robust and secure experience for users of the Flame Protocol.

5.Release of Flame Protocol platform

First, we will release our testnet version v1.0 in SUI Testnet Wave 2, and make adjustments and optimizations based on feedback from community users. Finally, we released our official version in SUI Testnet Wave 3.

6.$FLAME Token Issuance

The $Flame token is the native cryptocurrency of the Flame Protocol. It is used to access various features and functions of the platform such as trading, liquidity provisioning, volcanoes (farms) and magma pools (Pools). It is built on the SUI blockchain and can be stored in any Sui Network compatible wallet. Tokens have a limited supply and their value is determined by market demand. This ghostwriter can be used to participate in the platform's governance and decision-making process, as well as to access exclusive features and rewards.

7.Share revenue

After trading in Flame Swap, users can share their current position distribution and yield at any time.

8.Flame Task（coming soon）

The flame task page will allow project parties to post tasks and requirements, and provide rewards for completion. KOLs will then use their social media channels to complete tasks and upload links on the platform. Users will use Flame Points to vote and rank these tasks and the KOLs who complete them.

Flame tasks can build a tight network between project parties, KOLs, and voting users, and everyone can benefit from each other's participation. Project parties will let KOLs who have a large number of followers complete their tasks, which will increase the popularity of their brand or project. Influencers will have the opportunity to be rewarded for their efforts and reach new audiences. Voting users will be able to use points to participate in the decision-making process and may be rewarded for their contributions.

Overall, flame missions create a network of mutually beneficial relationships between all parties involved. At the same time, we ensure fair voting and prevent fraudulent activity.

New Flame features

We plan to add a lot of features in the upcoming updates, Flame Protocol v2, v3 and v4 are done and already in development, we are looking to add features.

such as:

· Low slippage exchange of stablecoins (USDC-USDT)

· Cross-chain bridge

· Flame Launcher

· Flame NFT

· Aggregate transactions

· Limit order trading

· Perpetual contract trading